The company reported standalone net profit during the quarter stood at Rs 29.16 crore compared to net loss of Rs 17.57 crore in the previous year quarter.
Net revenue of the company rose by 0.90 per cent at Rs 388.56 crore in January-March quarter of this fiscal as against Rs 385.08 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 2.25 per cent to Rs 332.53 crore from Rs 325.20 crore in year ago period.
Other Income dipped by 42.59 per cent at Rs 3.02 crore versus (Mar'24 Rs 5.26 crore).
Operating Profit slipped by 6.43 per cent to Rs 56.03 crore as against Rs 59.88 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 7.27 per cent in March quarter.
Interest grew by 2.02 per cent y-o-y to Rs 4.05 crore, while Taxation decreased by 25.54 per cent at Rs 7.58 crore (Mar'24 Rs 10.18 crore).